Fortinet, Inc.·4

Feb 23, 4:20 PM ET

Ohlgart Christiane 4

4 · Fortinet, Inc. · Filed Feb 23, 2026

Research Summary

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Fortinet (FTNT) CFO Christiane Ohlgart Receives RSU Award

What Happened Christiane Ohlgart, Fortinet's Chief Financial Officer, was granted 12,528 restricted stock units (RSUs) on February 20, 2026. The Form 4 reports the award at $0.00 per share (typical for RSU grants, which are compensation rather than an open‑market purchase). These RSUs are a contingent right to receive Fortinet common stock upon vesting.

Key Details

  • Transaction date: February 20, 2026; Form 4 filed February 23, 2026 (appears timely).
  • Security: 12,528 RSUs (reported as derivative award, code A).
  • Reported price: $0.00 per unit (award/grant — no cash paid by the insider).
  • Shares owned after transaction: Not disclosed in the provided filing information.
  • Footnotes: F1–F3 describe the RSUs, vesting schedule, and expiration policy (see Context below).

Context

  • Each RSU represents a contingent right to one share of Fortinet common stock upon settlement (F1).
  • Vesting: 25% of the RSUs vest on February 1, 2027; the remaining 75% vest in equal installments each quarterly anniversary thereafter until fully vested, subject to continued service (F2). RSUs do not expire—they vest or are canceled prior to vesting (F3).
  • This is a compensation award (neutral routine insider grant) rather than an open‑market buy or sale; it does not by itself indicate buying or selling sentiment.

Insider Transaction Report

Form 4
Period: 2026-02-20
Ohlgart Christiane
Chief Financial Officer
Transactions
  • Award

    Restricted Stock Units

    [F1][F2][F3]
    2026-02-20+12,52812,528 total
    Exercise: $0.00Common Stock (12,528 underlying)
Footnotes (3)
  • [F1]Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock.
  • [F2]25% of the RSUs will vest on February 1, 2027, and the remaining 75% of the RSUs will vest in equal installments on each quarterly anniversary thereafter, until such time as the RSUs are 100% vested, subject to the Reporting Person's provision of service to the Issuer on each vesting date. Shares of the Issuer's common stock will be delivered to the Reporting Person upon settlement.
  • [F3]RSUs do not expire; they either vest or are canceled prior to the vesting date.
Signature
/s/ Robert Turner, by power of attorney|2026-02-23

Documents

1 file
  • 4
    form4-02232026_090239.xmlPrimary